GTA Mortgage Matters

Ontario Mortgage Rates - Part 3 --- When are mortgage rates going up?

When are mortgage rates going up? This seems to be the question on everyone’s mind, especially those with variable rate mortgages. Ontario mortgage rates change depending on the state of the economy. Interest rates can be affected by the local, natio... Read >

Ontario Mortgage Rates - Part 2 --- When to lock into a fixed rate mortgage

When to lock-in to a fixed rate mortgage is a tough decision that should be thought through. An individual’s housing payment is usually the largest monthly payment in their budget. Ontario Mortgage rates have been low for a long time so those who have ... Read >

Ontario Mortgage Rates - Part 1 --- What is a Variable Rate Mortgage?

Trying to find the lowest Ontario mortgage interest rates? Whether you are looking to purchase a home or refinance it, the interest rate on your mortgage is important. Your mortgage interest rate will dictate how much interest you pay during your mortgage... Read >

Pay Your Tax Debt Using Home Equity and Move On

Being in debt to the Canada Revenue Agency can be paralyzing. The very thought of facing aggressive CRA agents is terrifying. If you owe money to the CRA it will not go away by itself. Also in many cases, taxpayers who have been assessed with a tax de... Read >

Power of Sale in Toronto – Why Do They Happen?

Many people think about Power of Sale and associate it as a consequence to a person who defaults on their mortgage payment. Defaulting on mortgage payments is just one of many things that can trigger a power of sale. Every mortgage has “standard charge... Read >

Taxpayer Relief is Not the Fastest Way to Solve Your Tax Problem

If you have a tax debt that has interest and penalties assessed and you have a serious medical problem, suffer from financial hardship, have been the victim of a disaster or you can prove that the CRA (Canada Revenue Agency) has made an error, you can mak... Read >

Property Tax Assessments and Property Tax Arrears

Property tax assessments are important because they determine the value that will be used by the municipality when calculating your annual property taxes. Property taxes are one of the few debts that take priority on a property. What does this mean? If... Read >

Equity Mortgage Home Equity Loans Are Based on Your Home Equity

Equity mortgage home equity loans are also known as “private mortgages" and “equity only mortgages". The most common reasons cited by banks for declining mortgage applicants for financing are past or current problems with credit and difficulty proving ... Read >

Consolidated Credit Solutions Includes Consolidating Your Debt

Solid consolidated credit solutions include reviewing your budget (looking for ways to save) and sometimes consolidating your debt! Taking a consolidation attack at improving your finances and credit will involve reviewing your budget, finances, credit, l... Read >

Bad Credit Consolidation Loans

Bad credit consolidation loans are offered to those who have struggled with their credit. The banks appetite for lending to those who have credit issues has lessened since the recession.In 2005 many banks would finance a consumer who previously filed for ... Read >

Credit Debt Consolidation – What is it and what options are available?

Our first inclination is to always encourage a homeowner to turn to their home for a credit debt consolidation, strictly due to the fact that it’s the most affordable and flexible choice.We wrote this article to talk about ALL of the credit debt consolida... Read >

How to Get Out of Debt Fast

There is no shortage of “leisure suit Larry’s" out there, offering variations of “get out of debt quick" schemes, even going so far as to promote their services as debt consolidations. These services exist because nowadays so many Canadians are looking fo... Read >

Bad Credit Refinancing is Available to Homeowners in Ontario – is it the best choice?

Homeowners in Ontario, especially in Toronto, are amongst the most highly taxed in the country. These taxes in combination with rising gas prices and ever-present inflation have made it increasingly difficult for the middle class homeowner to make ends me... Read >

Bad Credit Consolidation Loans Can be an Expensive Option

If you have accumulated debt that has become unmanageable and you own your home, then you realize that there is a lot to lose. Bad credit debt consolidation can be very expensive. The banks usually recommend lines of credit as a solution for consolidatin... Read >